Sustainable Operations in Reverse Supply Chain of Shipbuilding Business - Benefits of Green Practices

Sustainable operations have become extremely important for survival of present day shipbuilding business wherein triple bottom-line criteria – profit, planet and people, needs to be satisfied. This paper discusses about recapturing value at the end-of-life of a ship and reintroducing it to the value chain through reverse supply chain channel, thereby reducing environmental impact and also benefitting humans and ecology. It also describes about the advantages of recycling ship vis-à-vis scrapping it in terms of environmental and human impact